National Australia Bank To Refocus Asian Operations, Expand Trading
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HONG KONG--National Australia Bank (NAB) is to restructure its regional operations across Asia, including beefing up its derivatives sales, expanding its forex business in Singapore and closing its offices in Taiwan, Delhi and Bombay.
NAB says it will also build up its team in Singapore and concentrate its operations in four core centres: Hong Kong, Singapore, Seoul and Tokyo. The bank will retain a small presence in Thailand, through a representative office.
Jeff Mitchell, general manager of the
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